IFM Investors Pty Ltd increased its holdings in Teledyne Technologies Incorporated (NYSE:TDY - Free Report) by 8.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,913 shares of the scientific and technical instruments company's stock after purchasing an additional 681 shares during the quarter. IFM Investors Pty Ltd's holdings in Teledyne Technologies were worth $4,436,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of TDY. OneDigital Investment Advisors LLC acquired a new position in Teledyne Technologies in the first quarter valued at $247,000. Silver Oak Securities Incorporated acquired a new position in shares of Teledyne Technologies during the first quarter valued at about $69,000. Palisade Capital Management LP raised its holdings in shares of Teledyne Technologies by 1.9% during the first quarter. Palisade Capital Management LP now owns 32,503 shares of the scientific and technical instruments company's stock valued at $16,177,000 after purchasing an additional 619 shares during the period. Mutual Advisors LLC raised its holdings in shares of Teledyne Technologies by 6.7% during the first quarter. Mutual Advisors LLC now owns 1,286 shares of the scientific and technical instruments company's stock valued at $590,000 after purchasing an additional 81 shares during the period. Finally, Teacher Retirement System of Texas raised its holdings in shares of Teledyne Technologies by 1,607.1% during the first quarter. Teacher Retirement System of Texas now owns 7,477 shares of the scientific and technical instruments company's stock valued at $3,721,000 after purchasing an additional 7,039 shares during the period. Institutional investors own 91.58% of the company's stock.
Teledyne Technologies Stock Down 0.1%
TDY stock traded down $0.54 during trading on Tuesday, reaching $514.94. The stock had a trading volume of 35,110 shares, compared to its average volume of 303,519. Teledyne Technologies Incorporated has a one year low of $381.39 and a one year high of $522.50. The company's 50 day moving average is $493.60 and its two-hundred day moving average is $487.34. The company has a market capitalization of $24.13 billion, a price-to-earnings ratio of 29.43, a P/E/G ratio of 2.43 and a beta of 1.04. The company has a quick ratio of 1.44, a current ratio of 2.19 and a debt-to-equity ratio of 0.30.
Teledyne Technologies (NYSE:TDY - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The scientific and technical instruments company reported $4.95 EPS for the quarter, topping the consensus estimate of $4.92 by $0.03. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.44 billion. Teledyne Technologies had a net margin of 14.37% and a return on equity of 9.95%. Teledyne Technologies's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the firm earned $4.55 EPS. Equities research analysts forecast that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on TDY. Stifel Nicolaus began coverage on shares of Teledyne Technologies in a report on Tuesday, June 24th. They issued a "buy" rating and a $626.00 target price on the stock. Bank of America upped their target price on shares of Teledyne Technologies from $550.00 to $600.00 and gave the stock a "buy" rating in a report on Monday, March 17th. Wall Street Zen upgraded shares of Teledyne Technologies from a "hold" rating to a "buy" rating in a report on Friday, May 9th. TD Securities restated a "buy" rating and issued a $550.00 target price on shares of Teledyne Technologies in a report on Thursday, April 24th. Finally, Needham & Company LLC lowered their target price on shares of Teledyne Technologies from $585.00 to $550.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $554.43.
View Our Latest Stock Report on Teledyne Technologies
Teledyne Technologies Company Profile
(
Free Report)
Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.
Further Reading

Before you consider Teledyne Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Teledyne Technologies wasn't on the list.
While Teledyne Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.